$PIPPIN PIPPIN is in a phase of strong growth with an increase of over ninety percent in 24 hours, supported by massive trading volume.
• Long Term (4h): The trend is solid and well established, with the price well above support areas, indicating strong conviction from buyers.
• Short Term (15m): The price shows a condition of euphoria and extreme overbought near the high of $0.39660.
• The level of $0.39660 is the key barrier. Breaking it would drive prices up, but extreme overbought suggests that a pause or pullback to cool the market is highly likely.
-In high volatility markets, "extreme overbought" means that the price has risen very quickly. It's a turning point where traders are very likely to start taking profits, which can cause a drop or a temporary lateral consolidation of the price.
📌 With this rise of PIPPIN, if you had to choose a strategy right now, would you buy immediately hoping it breaks the high, or would you wait for a drop to buy cheaper?
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